Clean-Energy Project Developers Benefit From 'Deep Buyer Universe' — Market Talk

By Rhiannon Hoyle

Rio Tinto and its partners will start a $191 million, multiyear study to progress the initial development of Rhodes Ridge, one of the world's top undeveloped iron-ore deposits, the miner said Tuesday.

Rio Tinto said the joint venture developing the project--which includes Mitsui & Co. and closely held AMB Holdings--will explore plans for an operation with initial production capacity of between 40 million and 50 million metric tons of iron ore annually.

The study is expected to finish in 2029.

The partners also intend to spend $146 million on exploration in Western Australia's remote Pilbara region between 2026 and 2028, Rio Tinto said.

"Given its size and quality," the Rhodes Ridge project "has the potential to underpin Rio Tinto's Pilbara iron ore business for decades to come," said the head of the company's iron-ore unit, Matthew Holcz.

Rio Tinto is one of the world's top producers of iron ore, which it ships mostly to steel mills in Asia.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

Tyson Foods Inc. (TSN) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on December 15, 2025.

On December 12, 2025 (the "Effective Date"), Tyson Foods, Inc. (the "Company") entered into a Loan Agreement (the "Loan Agreement") with the lenders from time to time party thereto and CoBank, ACB ("CoBank"), as administrative agent, which replaced the Company's existing Term Loan Agreement, dated as of May 3, 2023, between the Company, the lenders from time to time party thereto, and CoBank, as administrative agent (the "2023 Term Loan Agreement"). Concurrent with entry into the Loan Agreement, the Company repaid all outstanding borrowings and interest due under the 2023 Term Loan Agreement as of the Effective Date and terminated all commitments thereunder. The 2023 Term Loan Agreement had provided for aggregate commitments of up to $750 million and had outstanding borrowings on the Effective Date of $440 million.

The Loan Agreement provides for a senior unsecured revolving credit facility with aggregate commitments of $750 million which matures on the third anniversary of the Effective Date (the "Revolving Facility Maturity Date"). The Company may make an election (the "Term-Out Election"), with at least ten business days' notice prior to the Revolving Facility Maturity Date, to convert all or part of the outstanding borrowings under the revolving credit facility into one or more of Tranche A, B, C or D term loans that will mature one, three, five or seven years, respectively, after the Revolving Facility Maturity Date.

Interest on borrowings under the Loan Agreement will accrue and be payable, at the Company's option, at an annual rate equal to (a) the Term SOFR Rate or Daily Simple SOFR Rate (each as defined in the Loan Agreement) plus an applicable spread or (b) an alternate base rate plus an applicable spread. For revolving loans, an Unused Commitment Fee (as defined in the Loan Agreement) will also accrue and be payable to the lenders based on the aggregate amount of unused commitments under the revolving credit facility. The Unused Commitment Fee and applicable spreads will be the percentages described in the following chart that corresponds to the Company's corporate credit rating from S&P or Moody's, as applicable.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/tsn-20251212.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/0000100493-25-000109-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

Tyson Foods Inc. (TSN) filed a Form 8K - Direct or off-Balance Sheet Financial Obligation - with the U.S Securities and Exchange Commission on December 15, 2025.

The information set forth above under Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.03.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/tsn-20251212.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/0000100493-25-000109-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - KO Gold Inc. ("KO Gold" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 12,000,000 units ("Units") at a price of C$0.15 per Unit for gross proceeds of up to C$1,800,000.

Each Unit will consist of one common share (each a "Share") and one transferable common share purchase warrant (each a "Warrant"). Each Warrant will entitle the holder to acquire one additional Share at a price of C$0.25 for a period of three (3) years from the date of issuance.

The Company intends to use the net proceeds from the Private Placement for general working capital purposes and to fund ongoing exploration and drilling programs in the Otago Gold District, New Zealand. The Company may close the Private Placement in tranches and anticipates closing the first tranche on or about January 8, 2026.

Finder's fees in the form of cash and/or Warrants, on the same terms as those issued in the Private Placement, may be paid to qualified parties in connection with the Private Placement. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance.

About KO Gold Inc.

KO Gold is a Canadian junior exploration company listed on the CSE under "KOG". The Company's strategy is to acquire and explore highly prospective gold properties within the Otago Gold District in New Zealand. KO Gold presently, has four 100%-owned prospecting and exploration permits within the Otago Gold District for a combined land package of 400 km2. The Company's Smylers, Hyde and Glenpark EPs are located adjacent to OceanaGold's Macraes Gold Mine and the Carrick EP hosts the historic Carrick Goldfield which holds promise as a significant gold deposit near Santana Minerals' Bendigo-Ophir Gold Project. The Company also has an NSR on three additional permits, Garibaldi, Raggedy Range, and Rough Ridge South totaling 340 km2. KO Gold has spent over C$3M in exploration and drilling on its permits in the Otago Gold District over the past five years including RC and diamond drilling on its Smylers EP.

For further information, please contact:

• Greg Isenor, President and CEO, DirectorTel: (902) 832-5555Email: info@kogoldnz.comWebsite: www.kogoldnz.com
• KO Gold Inc.Suite 802 – Sun Tower, 1550 Bedford HighwayBedford, Nova ScotiaB4A 1E6 Canada

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release contains certain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate," "estimate," "may," "will," "would," "potential," "proposed" and other similar words or statements that certain events or conditions "may" or "will" occur. These forward-looking statements include, but are not limited to, statements regarding the completion of the proposed Private Placement, the intended use of proceeds, and the possible payment of finder's fees. Forward-looking statements are based on the opinions, assumptions and estimates of management at the date the statements are made and are subject to a variety of known and unknown risks, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the Company's ability to complete the Private Placement on the terms announced (or at all), the receipt of all necessary approvals, market conditions, and the ability to use the proceeds as intended. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Readers are cautioned against attributing undue certainty to forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Actual events or results could differ materially from the Company's expectations or projections.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278126

Friedman Industries Inc. (FRD) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on December 15, 2025.

Credit Facility Amendment

On December 9, 2025, the Company entered into a Sixth Amendment (the "Amendment") to that certain Amended and Restated Credit Agreement by and among the Company, as a borrower, Century Metals & Supplies, LLC, a Texas limited liability company, as a borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Amendment amends that certain Amended and Restated Credit Agreement dated as of May 19, 2021 (as amended to date, "A&R Credit Agreement") to, among other things, increase the aggregate commitments under the A&R Credit Agreement from $125 million to $140 million, make certain conforming changes to threshold amounts, and modify the definition of "Eligible Accounts".

The foregoing description of the Amendment is not complete and is qualified in its entirety by reference to the full text of the Amendment, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ending December 31, 2025 and is incorporated herein by reference.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/39092/000143774925037861/frd20251215_8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/39092/000143774925037861/0001437749-25-037861-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

Friedman Industries Inc. (FRD) filed a Form 8K - Direct or off-Balance Sheet Financial Obligation - with the U.S Securities and Exchange Commission on December 15, 2025.

The information provided in Item 1.01 of this Current Report on Form 8-K under the heading "Credit Facility Amendment" is incorporated by reference into this Item 2.03.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/39092/000143774925037861/frd20251215_8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/39092/000143774925037861/0001437749-25-037861-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.